PANews|Aug 02, 2026 01:09
[South Korean Stablecoins Record Net Outflow to Overseas Exchanges for 18 Consecutive Months, June Net Outflow Amounts to 77.6% of Net Foreign Stock Purchases]
According to Yonhap News Agency, in June this year, the total amount of stablecoins flowing from South Korea's five major cryptocurrency exchanges (Upbit, Bithumb, Coinone, Korbit, and Gopax) to overseas exchanges reached 2.7625 trillion KRW (approximately $1.919 billion at current rates). During the same month, the amount of stablecoins flowing into South Korean exchanges from overseas exchanges was 2.2022 trillion KRW (approximately $1.53 billion at current rates), resulting in a net outflow (calculated by subtracting inflows from outflows) of 560.3 billion KRW (approximately $389 million at current rates). From January 2025 to June this year, South Korean stablecoins have recorded net outflows to overseas exchanges for 18 consecutive months.
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